ECONOMISTS see inflation settling at 4.1 percent this year, the Bangko Sentral ng Pilipinas (BSP) said, higher than its 3.1-percent full-year forecast but still within the 2.0-4.0 percent target.

“While analysts expect inflation to remain elevated in the near term, their assessment of the balance of risks to the inflation outlook has shifted toward the downside,” the central bank also said in its recently-released Fourth Quarter Inflation Report.

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